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Ranchers.net
Heard a guy crunch some numbers on the radio this morning. He was doing a rough estimate of how it would affect the lower income person if the Dem's let the Tax Cuts expire.
The lower income bracket now pay 10% but if tax cuts run out they will go back up to 15% which is a 50% increase in taxes for them. On a person making in area of $25,000 a year it worked out to them paying about $100 more per month in taxes.
Seems like Dem's would not want to hurt the poor by making them pay an extra $100.00 a month in taxes.
He also mentioned that last years tax revenues where up in Income Tax and Capital Gain taxes both. Due to the tax cuts. That Dem's just can not understand that when people make more money in the end there will be more Taxes paid. I need to google and find some statistics on this part for further discussion.